Hormuz Reopening Draft Ready As US-Iran Talks Reach 'Final Stage': Source | Exclusive
News world Hormuz Reopening Draft Ready As US-Iran Talks Reach 'Final Stage': Source | Exclusive Hormuz Reopening Draft Ready As US-Iran Talks Reach 'Final Stage'
News world Hormuz Reopening Draft Ready As US-Iran Talks Reach 'Final Stage': Source | Exclusive Hormuz Reopening Draft Ready As US-Iran Talks Reach 'Final Stage': Source | Exclusive Reported By, Last Updated: August 05, 2026, 00:51 IST The source also said US and Iranian teams are continuing talks in Oman, where discussions are centred on de-escalation and preventing a fresh military confrontation. The Strait of Hormuz had emerged as a key bottleneck in the US-Iran conflict. (Photo: AFP) A draft agreement to reopen the strategically vital Strait of Hormuz has been finalised by mediators as indirect talks between the United States and Iran enter the “final stage", a top diplomatic source in Oman told CNN-News18 on Tuesday. According to the source, negotiators are working to ease tensions between Washington and Tehran after months of conflict, with the latest round of discussions focused on restoring maritime movement through the key global shipping route.
“The indirect talks have reached the final stage," the source said, adding that a mediator-backed draft for reopening the Strait of Hormuz is now ready. The source also said US and Iranian teams are continuing talks in Oman, where discussions are centred on de-escalation and preventing a fresh military confrontation. A key mechanism governing future operations and navigation through the Strait of Hormuz is also expected to be finalised during the Oman meetings, the source added. Push for breakthrough The developments come as senior US officials also expressed optimism about an imminent breakthrough. US Treasury Secretary Scott Bessent said there was “a chance" Washington and Tehran could reach a deal to reopen the Strait of Hormuz “today or tomorrow", adding that such an agreement would help stabilise global energy markets.
Speaking to CNBC, Bessent said the aim was to restore “freedom of movement" through the waterway, despite security concerns in recent days. The Strait of Hormuz had functioned as an open international waterway before the conflict erupted on February 28 following US and Israeli strikes on Iran. The waterway remains under an effective Iranian blockade, with Tehran requiring vessels to coordinate crossings and follow routes close to its coastline. Iran has also sought to impose tolls on shipping, a move strongly opposed by Washington. The latest diplomatic push follows renewed efforts by regional mediators. On Monday, US President Donald Trump said he had agreed to continue pursuing talks with Iran at the request of Saudi Arabia, the United Arab Emirates, Qatar and other countries. While Iran has denied holding direct negotiations with Washington, Qatar confirmed on Tuesday that mediation efforts remain active, even though no direct US-Iran talks are currently planned.
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